For first-of-a-kind (FOAK) climate infrastructure, like carbon dioxide removal (CDR), the leap from pilot to commercial scale is a formidable valley of death. Established infrastructure projects use insurance to mitigate risks and crowd in investors. However, this insurance is unattainable for many FOAK projects, limiting finance to scale. Our team will unlock FOAK climate project finance by funding a loss reserve with catalytic capital to enable insurance policies for climate tech like CDR.